Guaranteed Emission Rights – Part 1

Guaranteed Emission Rights – Part 1

Health care in general and Medicare in particular, can be a very onerous world. According to the National Association of Insurance Commissioners, there were 858 health insurers in the United States in 2016. No wonder choosing a company, not to mention a health plan, is a challenge for many people. In addition to choosing the right cover, however, other important aspects must be considered.

If you want to take out additional Medicare insurance, it is important to determine the best time to buy supplementary insurance in your state. In general, the best time to sign up for a Medigap policy is the Medicare open registration period. If you fail to enroll within the 6-month window, you can purchase Medigap if you possess a guaranteed issue right.

You are probably wondering when is your open enrollment period? And what are your guaranteed issue rights? I’m here to assist you find the right answer to these questions.

The basics: When can I apply for Medigap?

First and foremost, Medigap insurance is a private health insurance supplemented by Original Medicare. This means that part of the healthcare costs not covered by Original Medicare (such as the “gaps” in Medicare coverage), such as co-payments, co-insurance and deductibles, will be borne. Find the best supplement plans at

Most people sign up for Medicare when they are 65 years old. This is known as the Open Enrollment Period. This OPE is a fixed window within which you can sign up for health insurance from Medicare. It begins 3 months prior to your 65th birthday – including the month when you turn 65 – and runs until 3 months after your birthday. Within this six-month Medigap registration period, you have the right to purchase all Medigap policies offered in your state, and you can not be denied based on existing conditions. The six-month Medigap registration period begins on the first day your open registration period begins, it can’t be replaced or delayed.

During open registration, you can purchase all the policies if you:

  • are 65 or older
  • will soon become 65
  • are below 65

Apply for Medigap after the open registration period

If you apply after your open enrollment period has elapsed, there is no guarantee that your insurance company will sell you a Medigap policy if you do not meet your medical insurance requirements, unless you are eligible for one of the following situations:

  • You are below 65 and eligible for Medicare due to disability or end stage renal disease (ESRD).
  • You have health problems
  • You have an existing condition
  • You have other insurance
  • You have a guaranteed exhibition right

You may also experience problems when trying to acquire a Medigap policy outside of a protected registration period. For example, companies may refuse to sell a policy to you or set certain medical requirements that are difficult to meet. If a company agrees to sell you a policy, you may be required to pay a greater monthly premium and then wait for six months before Medigap covers for your existing terms.